VetCostCalc
Showing results for ZIP 38504 (TN)
Home ZIP 77340

Veterinary Practices Market: ZIP 77340

Opportunity Score
43 / 100 Fair
Based on walkability, population density, income levels, and local business competition.

Market Summary

ZIP 77340 is an suburban area with low foot traffic. with a population of 35,439 and household incomes below the national median ($46,878). There are 4 veterinary practices operations in ZIP 77340.

Area Profile

35,439
Population
$46,878
Median Income
-37% vs. national
Suburban
Area Type
7.3/20
Foot Traffic
Car-Dependent
Median Age: 30.7 — mixed-age market, broad menu appeal.
College-Educated: 16.9% — value-focused market, keep prices competitive.

Competition

Veterinary Practices and related businesses in ZIP 77340.

4
Veterinary Practices
Low competition — room to establish
1.1 per 10K residents
3
Pet Care Services
0.8 per 10K residents
What this means: Veterinary Practices are 57.1% of the relevant market in ZIP 77340 (4 vs. 3 related businesses). Well-established market — differentiation is non-negotiable.

Operating Costs

Local cost levels affect space, labor, and operating expenses.

$1,100
2BR Fair Market Rent
$992
Median Gross Rent
$230 K
Median Home Value
5
Bank Branches
$590 K deposits

Tips for Starting a Veterinary Business in Texas

  • A veterinary practice costs $500K-$1.5M to start from scratch. Most new vets buy into existing practices or start mobile to reduce overhead.
  • DEA registration, state veterinary license, and controlled substance permits all take time. Start applications 6 months before your target opening.
  • Pet ownership rates vary by ZIP. Suburban areas with single-family homes consistently outperform dense urban cores for vet visit volume.
  • Emergency and after-hours services command 2-3x standard pricing. Even offering limited emergency hours gives you a revenue edge in most markets.

Quick Facts

Area Type
Suburban
Foot Traffic
Car-Dependent
Veterinary Practices
4
Related Businesses
3
Bank Branches
5

vs. National Average

Median Income
-37% vs. $74,580
Walkability
-3.2 pts vs. national avg

Check Another Market

Or estimate costs with the VetCostCalc calculator.

Data sources

U.S. Census Bureau (ACS, ZBP) · HUD Fair Market Rents · EPA Walkability Index · USDA RUCA · IRS SOI · FDIC Summary of Deposits